Armour Hills Home Sales Report-February 2023

Posted on March 27, 2023 by Mary Hutchison

You may have heard national news reports saying “home prices are falling”…just remember, all real estate is local and while that may be true in some areas, KC resale home prices are still pretty stable. You’ll see from the report below that Armour Hills properties have slipped compared to last year, but the priced right houses are still selling quickly.

	february 2023	february 2022
Median list price:	$385,000	$407,500
Median sales price:	$400,000	$395,000
No. of homes sold:	3	4
Days on market:	2	86

The median sales price was just a bit higher than February 2022, and the Feb 2023 sold price was over the median list price. The highest sale last month was $680,000 for an expanded, flipped home that was priced at $695K. Let’s look at the year-to-date numbers:

	Jan-Feb 2023	Jan-Feb 2022
Median list price:	$367,450	$415,000
Median sales price:	$375,700	$420,000
No. of homes sold:	6	7
Days on market:	4	17

You can see from this chart that buyers are usually paying list price or above; although prices are down about 10% over last year. So you can argue that “prices are falling” yet there is still a lot of demand because homes are selling fast and usually for over the asking price. It’s always changing!!! Currently there is one home for sale in Armour Hills, priced at $599,950 and 18 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Armour Hills Home Sales Report-October 2021

Posted on November 30, 2021 by Mary Hutchison

Hi neighbors! One more post about October Brookside home sales stats before we move into December. Just like the rest of Brookside, Armour Hills home values took a dip last month compared to a year ago; however overall, prices are up! Let’s take a look at the numbers:

October 2021 October 2020

Median list price: $380,000 $407,000

Median sales price: $370,000 $426,250

No. of homes sold: 5 6

Days on market: 13 2

Although the median sales price last month was 15% less than October 2020, sales were steady and the highest recorded price-$461,000-was $61K over asking price! Yes, I double checked that number! Below are the year-to-date numbers:

Jan-Oct 2021 Jan-Oct 2020

Median list price: $372,400 $349,000

Median sales price: $382,500 $345,000

No. of homes sold: 58 79

Days on market: 2 5

The majority of buyers are paying at or over asking price, and homes are going under contract within two days of listing. So far this year, prices are up just about 10% over last year. Currently there are four active listings in Armour Hills, with a median list price of $452,450 and 42 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Armour Hills July 2016 Home Sales Stats

Posted on August 15, 2016 by Mary Hutchison

Home buyers continue to see Armour Hills as a desireable place to purchase a home…the trend continues of buyers paying more than the asking price to purchase in this Brookside neighborhood. Here are the home sales stats for June 2016:

July 2016 July 2015

Median list price: $254,500 Median list price: $274,900

Median sales price: $256,000 Median sales price: $270,025

Number of homes sold: 8 Number of homes sold: 12

Days on market: 5 Days on market: 42

Of the eight homes that closed last month, five sold at or above list price. One home sold for $25,000 over the asking price!

Checking year to date figures:

2016, Jan-July 2015, Jan-July

Median list price: $275,000 Median list price: $265,000

Median sales price: $274,500 Median sales price: $265,000

Number of homes sold: 47 Number of homes sold: 57

Days on market: 16 Days on market: 33

Although the median price is lower than July 2015, pay attention to the year-to-date figure: prices are running 3.8% higher in 2016 and spending fewer days on market. Less homes for purchase means prices go up.

Currently there are just 4 homes for sale in Armour Hills, with a median list price of $225,000 and 12 days on market.

(All figures taken from Heartland MLS; deemed reliable but not guaranteed)

Armour Hills Home Stats-June 2016

Posted on July 25, 2016 by Mary Hutchison

Armour Hills….one of the best subdivisions in Brookside! Of course, I am a bit partial because I live in Armour Hills. However, check out these home sales stats for June 2016–buyers are snapping up homes here in a hot market that favors sellers:

June 2016: June 2015:

Median list price: $279,000 Median list price: $285,000

Median sales price: $281,000 Median sales price: $283,000

Number of homes sold: 11 Number of homes sold: 11

Days on market: 3 Days on market: 5

Of the eleven homes that closed last month, seven sold at or above list price.

Checking year to date figures:

2016, Jan-June: 2015, Jan-June:

Median list price: $277,000 Median list price: $262,500

Median sales price: $274,750 Median sales price: $263,500

Number of homes sold: 38 Number of homes sold: 46

Although fewer homes are selling…that is due to lack of inventory. There is plenty of demand. You can see the median price is up yet again! Currently there are five homes for sale in Armour Hills, with a median list price of $279,950 and 19 days on market.

(All figures taken from Heartland MLS; deemed reliable but not guaranteed)

Armour Hills Home Sales Report – June 2015

Posted on July 23, 2015 by Mary Hutchison

Armour Hills homeowners continue to gain equity as prices are up and buyers know our neighborhood as a desirable place to live. Let’s check the June 2015 home sales for Armour Hills (Brookside-Kansas City MO), followed by comparisons to last year:

In June 2015, eleven homes sold with a median list price of $285,000; a median sales price of $283,000 and …just five days on market!

In June 2014, seven homes sold with a median list price of $230,000; a median sales price of $228,000 and 7 days on the market.

We had our highest priced home sale so far this year; it was the beautiful house at the northwest corner of W 65th Terrace and Main that sold for $461,000. The lowest sales price last month was $206,000.

Checking year-to-date figures:

From January through June 2015, 46 homes have sold with a median sales price of $262,000 and 29 days on market.

From January through June 2014, 34 homes sold with a median sales price of $239,950 and 28 days on market.

More homes are selling this year, very close to asking price, and most sell within 30 days of listing.

Currently there are seven homes for sales in Armour Hills; the lowest list price is $149,999 and the highest is $315,000 with 64 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed)

Armour Hills Home Values Up Over 7% YTD-May 2015 Stats

Posted on June 22, 2015 by Mary Hutchison

Good morning neighbors! I have positive news to report again about home values in our Armour Hills subdivision. Prices are up–some sellers are getting over the asking list price! As a Realtor, I do not advocate offering a price that is significantly over the posted price. (it is happening very often this spring in the Prairie Village homes priced from $225-$300K). Still, it’s all about what the house is worth to a particular buyer….and the appraiser of course! Here are the home sales stats for Armour Hills in Brookside, Kansas City MO for the month of May, 2015:

In May 2015, eleven homes sold with a median list price of $256,900 median sales price of $262,000 and 36 days on market.

In May 2014, nine homes sold with a median list price of $259,000; median sales price of $252,000 and 76 days on the market.

The median sales price was higher than list price in May because: one home sold for $8500 over list price; another home sold $7000 over list price and a third sold $3000 over list price. When you take those three homes out of the equation, the median list price was $256,900; sales price $255,000–very close to asking price.

Checking year-to-date figures:

From January through May 2015, 35 homes have sold with a median sales price of $262,000 and 36 days on market.

From January through May 2014, 27 homes sold with a median sales price of $243,000 and 34 days on market.

Generally, homes are going under contract within one month of listing. Median prices are 7.5% over the same period in 2014. Currently we have 8 homes for sale in Armour Hills, with a median list price of $269,000. The lowest priced home is $174,900 and the highest is $300,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed)

Armour Hills Home Sales Stats–October 2014

Posted on December 1, 2014 by Mary Hutchison

Home sales are slowing down in Armour Hills, and average sales prices are falling as well. This is reflective of the time of year–traditionally, fewer homes are sold in the latter part of the year. Let’s look at the statistics–below I am checking figures for the Armour Hills subdivision in Brookside, Kansas City MO:

In October 2014, six homes sold with a median sales price of $214,000 and 26 days on market. The median list price was $229,000 with 26 average days on market. The lowest sales price was $158,000 and the highest was $306,000.

In October 2013, nine homes sold with a median sales price of $258,950 and 32 days on market. The median list price was $259,950.

Although there wasn’t a significant change in the average days on market, the median sales price dropped 20%. Three homes sold in 2013 above $300K; in 2014, just one sold over that figure.

Now let’s compare year-to-date figures:

For the first ten months of 2014, 55 homes sold with a median price of $239,950 and 28 days on market.

For the first ten months of 2013, 71 homes sold with a median price of $255,000 and 24 days on the market.

Last year was a very strong year for Armour Hills home sales, and it looks like this year may see a dip in home values. There are still a significant number of buyers for our area–what is lacking right now is well priced, updated inventory. We have had several homes sell for over $350K in the past two years–higher than usual for the neighborhood. It wil be interesting to see how 2014 finishes overall compared to 2013 home sales.

Currently there are 16 homes for sale in Armour Hills, with a median list price of $269,900 and 47 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed)

Armour Hills September 2014 Homes Sales Stats

Posted on October 31, 2014 by Mary Hutchison

Some interesting home sales statistics to report for Armour Hills in Brookside today–I am blogging information for September 2014 and year to date figures. Although we are in the typically slower season for home sales (after the spring/summer rush)– some new listings are going under contract very quickly. Let’s look at the numbers:

In September 2014, six homes sold with a median sales price of $272,000 and 4 days on market. The median list price was $275,000. The difference between list and sales price was just a bit over 1%. Three of the six homes we under contract within a day or two of hitting the market. What does this mean? There are buyers who are ready to buy now, if the house is well priced and move-in ready. It’s obvious these buyers were ready to jump on any new listing that fit their criteria. (In addition, we had our highest Armour Hills sale so far this year, at an eye popping $474,000-cash!).

In September 2013, five homes sold with a median sales price of $258,000 and 4 days on market. The median list price was $ 272,000. Again, three of the five homes were under contract within a day of going up for sale.

Now let’s compare year-to-date figures:

For the first nine months of 2014, 49 homes sold with a median price of $243,000 and 28 days on market.

For the first nine months of 2013, 62 homes sold with a median price of $250,000 and 20 days on the market.

We see a slip in average sales price and fewer numbers of homes selling in YTD numbers.

Currently there are 18 homes for sale in Armour Hills, at a median price of $225,000. The lowest list price at $160,000 and the highest at $375,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed)

February 2014 Home Sales Stats – Armour Hills, Brookside

Posted on March 17, 2014 by Mary Hutchison

How many people showed up for the Brookside St Patrick’s Day Warm Up Parade on Saturday? Hard to tell…thousands for sure, as it was a beautiful day! I saw so many neighbors and friends while walking around, watching kids pick up tossed candy and older adults comfortably seated on the sidelines to watch the festivities. This event shows off the diversity of Brookside residents and how we all come together for a good time in support of our neighborhood. Special thanks to Marti Lee and her team at Southtown Council for their hard work in pulling this event together every year, whatever the weather.

It’s that time of the month where I check monthly home sales stats for the Brookside area. This blog will focus on my neighborhood of Armour Hills–below see a summary of February 2014 sales with a comparison to February 2013:

Three homes sold in February 2014, with an average list price of $226,450 and an average sales price of $223,800. Average days on market: 32.

Four homes sold in February 2013, with an average list price of $261,238 and an average sales price of $257,375. Average days on market: 79.

Although we had one less sale last month than a year ago–look at the days on market. Less than half compared to Feb 2013. The average sales price was significanltly higher in 2013 because one home sold for $390K–an unusually high price for AH which skewed the numbers up.

Looking at year to date figures:

For the first two months of 2014, seven homes have sold at an average price of $239,333 and 22 days on the market. For the first two months of 2013, six homes sold at an average price of $245,250 and 62 days on market. Again, the $390K sale upped the 2013 average price, with days on market much shorter this year.

Currently there are 13 homes for sale in Armour Hills, with a median average list price of $244,000 and 98 days on market. I am using the median price as the house at 6625 Brookside Road is priced at $450,000–on the high end for our area.

Below I posted a few pictures from the parade on Saturday. Be safe today as you celebrate St Patrick’s Day! Watch for wobbly pedestrians. I’ve decided on a U2 music marathon today as I work at my desk. Turn it up!

(All stats taken from Heartland MLS; deemed reliable but not guaranteed)

Armour Hills Home Sales Market Report – October 2013

Posted on November 13, 2013 by Mary Hutchison

It’s just amazing how much home prices have jumped in Armour Hills this year! Buyers are snapping up the updated, well maintained and show – ready homes within a few days of hitting the market! Here are the details for last month:

In October 2013, 9 homes sold. The average list price was $256,078 and the average sales price was $256,211. Average days on market: 24. (note the average sales price here is higher than the list price!)

In October 2012, 5 homes sold. The average list price was $211,780 and the average sales price was $201,720. Average days on market: 61.

Average home prices for October of this year are up 27% over last October, and almost twice the numbers of homes sold, with days on market less than half of the previous year.

Let’s compare year-to-date figures:

In the first ten months of 2013, 70 homes sold with an average sales price of $260,792 and 62 days on market.

In the first ten months of 2012, 68 homes sold with an average sales price of $217,919 and 82 days on market.

Home prices are up over 19% over last year..wow!

As of this writing, there are 15 homes for sale in Armour Hills, with an average list price of $271,142 and 77 days on market.

If you would like specific sales figures from your neighborhood, contact me.

(All figures taken from Heartland MLS and deemed reliable but not guaranteed.)

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